Capital Group Core Bond ETF (NYSEARCA:CGCB) Stock Short Interest Report for October

Capital Group Core Bond ETF (NYSEARCA:CGCB) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 468,539 shares, a growth of 214.0% from the September 30th total of 149,220 shares. Based on an average trading volume of 1,730,817 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Capital Group Core Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CGCB. Advisortrust Partners LLC acquired a new position in shares of Capital Group Core Bond ETF during the first quarter valued at about $27,000. Latitude Advisors LLC purchased a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $27,000. Legacy Wealth Managment LLC ID purchased a new position in shares of Capital Group Core Bond ETF in the 1st quarter valued at approximately $37,000. Ashton Thomas Securities LLC acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter worth approximately $140,000. Finally, Fifth Third Securities Inc. acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter worth approximately $201,000.

Capital Group Core Bond ETF Stock Performance

CGCB opened at $25.39 on Thursday. The business has a fifty day moving average of $25.42 and a 200 day moving average of $26.08. Capital Group Core Bond ETF has a 52-week low of $24.85 and a 52-week high of $26.90.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.0956 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.15 annualized dividend and a yield of 4.5%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844.

About Capital Group Core Bond ETF

The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.